2712 N Mildred Avenue
Chicago, IL, 60614
$1,724,000
8 Beds
4 Baths
SqFt
0 Acres
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$1,724,000
2712 N Mildred Avenue
Chicago, IL, 60614
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Exceptional opportunity to acquire this trophy property in an A++ location! Situated on a 30′ wide lot on a picturesque tree-lined Lincoln Park neighborhood street. This tall, all-brick beauty houses 3 units consisting of a phenomenal two-level owner’s duplex plus 2 exceptional rental units! Upon approaching the building you will be impressed with its curb appeal, it is simply gorgeous! You will be welcomed by new custom limestone stairs on the front porch leading you into the welcoming entry foyer. The first 2 floors provide an Owner-occupant the ability to spread out and enjoy 4 bedrooms and 2 full baths spanning two entire levels! Formal living and dining rooms plus a nicely updated eat-in kitchen and an additional comfy family room space! This unit has its own dedicated washer and dryer for owner’s personal use. Alternatively, this unit would be a top-income generating rental unit for a new nonresident owner! The 2nd and 3rd units are both outstanding rentals, exuding a truly comfortable, quality feel allowing for ease of rentability. Both are 2 bedroom plus den (3rd bedroom),1 bath with an office area. Both have large living and dining rooms and adorable front balconies and free use of laundry in the lower level. All units have individually controlled central heat and air conditioning. Family built property with generational occupancy; evident in the pride of ownership here. Turnkey rentals as-is or opportunities for value add and increased rents. 2 car garage + 1 covered gated carport space can be rented for additional income (currently used by Owners) Exceptionally maintained with many recent improvements. This premier Lincoln Park location is highly desirable! Surrounded by the best boutique shops and restaurants, ease of access to the Lakefront and zoo and many transport options. An extra-wide 30′ wide lot provides large livable floorplans. Come see this amazing property which you’ll be proud to call home and/or enjoy the pleasure of ease of ownership as an investment for years to come!

Property Details

Price:
$1,724,000 / $1,725,000
MLS #:
MRD11742048
Status:
Closed ((May 26, 2023))
Beds:
8
Baths:
4
Address:
2712 N Mildred Avenue
Type:
Multi Family
City:
Chicago
Listed Date:
Mar 21, 2023
State:
IL
ZIP:
60614
Year Built:
1910

Schools

School District:
299
Elementary School:
Alcott Elementary School
High School:
Lincoln Park High School

Interior

Heating
Natural Gas, Forced Air

Exterior

Architectural Style
Other
Community Features
Park, Tennis Court(s), Lake, Curbs, Sidewalks, Street Lights, Other
Exterior Features
Balcony, Patio, Storms/ Screens
Roof
Rubber, Flat

Financial

Buyer Agent Compensation
2.5% – $495% of Net Sale Price
Net Operating Income
$84,589
Tax Year
2021
Taxes
$26,137
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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2712 N Mildred Avenue
Chicago, IL